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SELECTING A TAX ACCOUNTING METHOD FOR YOUR SMALL BUSINESS
Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes? Larger entities are required to use the accrual method. But certain small businesses can elect to use the cash method. You may want to consider this option if

PROMOTION OF ANDREW EPSTEIN TO AUDIT PRINCIPAL
The firm is pleased to share that Andrew Epstein has been promoted to Audit Principal, effective October 1, 2026. This promotion reflects our confidence in

RESTRICTED STOCK DESERVES ATTENTION BEFORE YEAR END
Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential

HOW WHAT YOU DONATE IMPACTS YOUR TAX DEDUCTIONS
Have you already made contributions to charity this year? Are you considering making more between now and year end? If so, it’s important to be

TAX TIPS FOR PARENTS WITH KIDS HEADING TO COLLEGE THIS FALL
A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected financial

FAQS ABOUT RESOLVING SMALL BUSINESS TAX ISSUES
Tax problems can happen to even the most organized small business owners. A cash flow crunch, an unexpected tax notice, a missed filing deadline or

WHEN THE SALE OF AN APPRECIATED HOME TRIGGERS TAXES – AND WHEN IT DOESN’T
Home values have risen significantly in many areas of the country over the last several years, leaving some homeowners with substantial gains when they sell.

WHAT’S THE RIGHT ENTITY TYPE FOR YOUR NEW BUSINESS?
Start-ups must choose a legal entity for their business activities. The type of entity you select affects how the business is taxed and who may

SELF-EMPLOYED? DON’T OVERLOOK VALUABLE TAX DEDUCTIONS
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements

DON’T OVERLOOK THESE TAX ISSUES AFTER A JOB LOSS
Even with a relatively low unemployment rate (averaging around 4.4% over the past year), layoffs and terminations continue to affect workers across many industries. If